Varana Capital

REE Automotive is a pioneering automotive technology company specializing in electric vehicle (EV) innovation. It offers the REEcorner technology, which integrates steering, braking, suspension, powertrain, and control components into the wheel arch, enabling flat EV platforms. This modular approach empowers mobility companies to design vehicles of various sizes and applications, with benefits including enhanced space utilization, lower total cost of ownership, faster development times, ADAS compatibility, and global safety standard compliance.

Arcuro Medical Ltd. is focused on developing advanced solutions for meniscus repair in the knee. Established in 2013 and based in Misgav, Israel, the company has introduced its proprietary SuperBall repair system, which features a knotless all-suture anchor and a unique delivery mechanism designed for anatomic joint repair. This innovative system allows medical professionals to perform meniscus repairs safely and effectively within the joint space using specialized suture material, addressing the needs of patients with meniscus tears. Through its technology, Arcuro Medical aims to enhance the quality and reliability of meniscus repair procedures.

REE Automotive is a pioneering automotive technology company specializing in electric vehicle (EV) innovation. It offers the REEcorner technology, which integrates steering, braking, suspension, powertrain, and control components into the wheel arch, enabling flat EV platforms. This modular approach empowers mobility companies to design vehicles of various sizes and applications, with benefits including enhanced space utilization, lower total cost of ownership, faster development times, ADAS compatibility, and global safety standard compliance.

NeuReality is a semiconductor start-up that specializes in designing AI-as-a-service infrastructure to meet the needs of the rapidly expanding AI landscape across cloud, edge, and fog systems. The company develops purpose-built AI-centric architecture, focusing on server-on-chip solutions that reconfigure inference technologies, including computer vision, natural language processing, and recommendation engines. This innovative approach simplifies the implementation of advanced AI functionalities for organizations with limited technical expertise, allowing clients to reduce costs and energy consumption by moving away from traditional CPU-centric models. NeuReality aims to facilitate the adoption of AI technologies across various sectors, making them more accessible and efficient.

NeuReality is a semiconductor start-up that specializes in designing AI-as-a-service infrastructure to meet the needs of the rapidly expanding AI landscape across cloud, edge, and fog systems. The company develops purpose-built AI-centric architecture, focusing on server-on-chip solutions that reconfigure inference technologies, including computer vision, natural language processing, and recommendation engines. This innovative approach simplifies the implementation of advanced AI functionalities for organizations with limited technical expertise, allowing clients to reduce costs and energy consumption by moving away from traditional CPU-centric models. NeuReality aims to facilitate the adoption of AI technologies across various sectors, making them more accessible and efficient.

Stämm Biotech is a San Francisco-based company specializing in advanced bioproduction systems designed to address the scaling challenges in the biotech industry. Founded in 2014, Stämm has developed an innovative biomanufacturing solution that integrates microfluidics, electroporation, and robotics, resulting in a compact, all-in-one Bioprocessor. This system has demonstrated productivity levels at least 70 times greater than traditional bioreactors, enabling clients to miniaturize bioreactors and optimize conditions more efficiently. Stämm's technology incorporates various sensors to monitor biological, physical, and chemical variations throughout the bioprocess, facilitating a streamlined approach to microbial growth and monoclonal cell line development. By transforming large-scale biotech operations into a more manageable micro-factory network, Stämm aims to unlock significant market potential in the coming years.

Data-driven automated platform simplifying the way Middle market companies and SMEs credit is deployed and monitored over time.

TriEye Ltd., established in 2017 and headquartered in Tel Aviv, Israel, specializes in developing Short Wave Infrared (SWIR) sensing solutions for autonomous vehicles. The company's core business involves creating CMOS-based SWIR sensors that enable clear imaging and accurate depth perception in challenging driving conditions such as darkness, rain, fog, and dust. TriEye's proprietary technology significantly reduces costs compared to existing industry rates while delivering reliable image data, thereby enhancing vehicle safety and autonomy.

Arbe Robotics Ltd. specializes in developing advanced radar systems designed for small object detection, catering primarily to the automotive industry. Founded in 2015 and headquartered in Tel Aviv, Israel, the company’s flagship product is a High-Resolution Imaging Radar system that provides a comprehensive 4D radar picture, enabling vehicles to perceive their environment under various weather and lighting conditions. Arbe's technology is integral to Advanced Driver Assistance Systems (ADAS) and supports features such as emergency braking and real-time blind spot monitoring, while also paving the way for fully autonomous driving. The company's radar detects a wide range of objects, including vehicles, bicycles, and pedestrians, using proprietary chipsets that ensure high performance at a competitive cost and power consumption. With additional offices in the United States, China, and Japan, Arbe is positioned to impact both automotive and non-automotive sectors globally.

Galileo Wheel develops off-road mobility solutions, including airless CupWheels that function as tires and tracks for agricultural, construction, and mining equipment and autonomous vehicles. The CupWheel combines advantages of rubber tracks with the road performance of tires, delivering high load capacity, stability across inflation pressures, and unlimited run-flat capability. Its design supports operation in harsh conditions with reduced soil compaction, lower fuel use, and high uptime. Galileo began selling CupWheels for irrigation pivots in 2023 and released tractor models later that year; additional sizes for various applications are in development. Manufacturing occurs in India and Israel, and several agricultural OEMs have approved CupWheels for their products. The company emphasizes sustainable mobility through a hybrid, road-friendly off-road solution.

Stämm Biotech is a San Francisco-based company specializing in advanced bioproduction systems designed to address the scaling challenges in the biotech industry. Founded in 2014, Stämm has developed an innovative biomanufacturing solution that integrates microfluidics, electroporation, and robotics, resulting in a compact, all-in-one Bioprocessor. This system has demonstrated productivity levels at least 70 times greater than traditional bioreactors, enabling clients to miniaturize bioreactors and optimize conditions more efficiently. Stämm's technology incorporates various sensors to monitor biological, physical, and chemical variations throughout the bioprocess, facilitating a streamlined approach to microbial growth and monoclonal cell line development. By transforming large-scale biotech operations into a more manageable micro-factory network, Stämm aims to unlock significant market potential in the coming years.

NeuReality is a semiconductor start-up that specializes in designing AI-as-a-service infrastructure to meet the needs of the rapidly expanding AI landscape across cloud, edge, and fog systems. The company develops purpose-built AI-centric architecture, focusing on server-on-chip solutions that reconfigure inference technologies, including computer vision, natural language processing, and recommendation engines. This innovative approach simplifies the implementation of advanced AI functionalities for organizations with limited technical expertise, allowing clients to reduce costs and energy consumption by moving away from traditional CPU-centric models. NeuReality aims to facilitate the adoption of AI technologies across various sectors, making them more accessible and efficient.

Arbe Robotics Ltd. specializes in developing advanced radar systems designed for small object detection, catering primarily to the automotive industry. Founded in 2015 and headquartered in Tel Aviv, Israel, the company’s flagship product is a High-Resolution Imaging Radar system that provides a comprehensive 4D radar picture, enabling vehicles to perceive their environment under various weather and lighting conditions. Arbe's technology is integral to Advanced Driver Assistance Systems (ADAS) and supports features such as emergency braking and real-time blind spot monitoring, while also paving the way for fully autonomous driving. The company's radar detects a wide range of objects, including vehicles, bicycles, and pedestrians, using proprietary chipsets that ensure high performance at a competitive cost and power consumption. With additional offices in the United States, China, and Japan, Arbe is positioned to impact both automotive and non-automotive sectors globally.

NeuReality is a semiconductor start-up that specializes in designing AI-as-a-service infrastructure to meet the needs of the rapidly expanding AI landscape across cloud, edge, and fog systems. The company develops purpose-built AI-centric architecture, focusing on server-on-chip solutions that reconfigure inference technologies, including computer vision, natural language processing, and recommendation engines. This innovative approach simplifies the implementation of advanced AI functionalities for organizations with limited technical expertise, allowing clients to reduce costs and energy consumption by moving away from traditional CPU-centric models. NeuReality aims to facilitate the adoption of AI technologies across various sectors, making them more accessible and efficient.

Raft Technologies is a telecommunications company that provides a transcontinental, ultra-low-latency wireless communications system designed for radio communications, networking, management, and monitoring. The system targets financial markets and algorithmic trading firms, enabling ultra-fast data exchange between exchanges and direct delivery of market data between co-located venues. Founded in 2013 and headquartered in Tel Aviv, Israel, Raft Technologies focuses on low-latency networks and related algorithms for trading applications.

authID provides biometric identity proofing and authentication services through an easy-to-integrate identity-as-a-service platform. It aims to eliminate passwords and become a global platform for biometric authentication. The company helps enterprises verify who is behind a device for customer and employee logins and transactions, reducing account takeover risk. Its patented biometric platform supports digital onboarding, passwordless authentication, and account recovery, delivering fast, accurate identity verification and a user-friendly experience.

Byrna Technologies is a manufacturer of less-lethal defense technologies, designing and producing non-lethal equipment and munitions for civilian, private security, and law enforcement use. Its product line includes handheld personal security devices such as the Byrna HD, along with compatible accessories and projectiles. The company also offers less-lethal munitions including impact rounds and payload rounds containing chemical irritants or marking agents for use with 40MM rifled launchers by police, corrections, and military customers. In addition to consumer devices, Byrna serves military, correctional services, police agencies, and private security entities across the United States, Canada, and South Africa. Founded in 2005 and headquartered in Andover, Massachusetts, the company markets safer alternatives to traditional firearms and positions itself as a designer, manufacturer, retailer, and distributor of security solutions that avoid lethal force. Formerly known as Security Devices International, the company rebranded to Byrna Technologies in 2020.

authID provides biometric identity proofing and authentication services through an easy-to-integrate identity-as-a-service platform. It aims to eliminate passwords and become a global platform for biometric authentication. The company helps enterprises verify who is behind a device for customer and employee logins and transactions, reducing account takeover risk. Its patented biometric platform supports digital onboarding, passwordless authentication, and account recovery, delivering fast, accurate identity verification and a user-friendly experience.

EVR Motors Ltd. is an innovative company based in Petah Tikva, Israel, specializing in the development and manufacture of advanced electric motors and direct drive generators. Founded in 2008, the company focuses on producing motors tailored for electric vehicles, as well as generators for various renewable energy applications, including small and large wind turbines, tidal turbines, biogas, biodiesel engines, and marine uses. EVR Motors has created a patented motor topology known as the Trapezoidal Stator Radial Flux Permanent Magnet (TSRF) Motor, which offers improved performance while being smaller, lighter, and more cost-effective than traditional motors. With a team comprised of experienced engineers, including PhDs, EVR Motors aims to provide original equipment manufacturers and Tier 1 suppliers with superior electric motor technology that meets the growing scalability demands of the e-automotive industry.

authID provides biometric identity proofing and authentication services through an easy-to-integrate identity-as-a-service platform. It aims to eliminate passwords and become a global platform for biometric authentication. The company helps enterprises verify who is behind a device for customer and employee logins and transactions, reducing account takeover risk. Its patented biometric platform supports digital onboarding, passwordless authentication, and account recovery, delivering fast, accurate identity verification and a user-friendly experience.

REE Automotive is a pioneering automotive technology company specializing in electric vehicle (EV) innovation. It offers the REEcorner technology, which integrates steering, braking, suspension, powertrain, and control components into the wheel arch, enabling flat EV platforms. This modular approach empowers mobility companies to design vehicles of various sizes and applications, with benefits including enhanced space utilization, lower total cost of ownership, faster development times, ADAS compatibility, and global safety standard compliance.

Modular Medical, Inc. is a development-stage medical device company based in San Diego, California, dedicated to the design, development, and commercialization of insulin pumps for individuals with diabetes. The company aims to address the needs of insulin-dependent patients, particularly those who still rely on daily injections for their treatment. Founded by Paul DiPerna, who previously established Tandem Diabetes Care, Modular Medical focuses on creating advanced insulin delivery systems that promote ease of use and accessibility. By leveraging modernized technology, the company seeks to enhance adoption rates among both type 1 and type 2 diabetes patients, targeting a significant segment of the market that has been underserved by existing solutions.